Boston-based private markets investor Berkshire Partners has brought in long-time tech executive Kristin Johnsen as an advisory director. The post Longtime tech exec Kristin Johnsen hired by Berkshire Partners as advisory director first appeared on AltAssets
Century-old rock crushing and screening business Mellott Company has been bought by MFG Partners. The post 100-year-old rock crushing business Mellott bought by MFG Partners first appeared on AltAssets Private Equity News.
EQT has kicked off a bidding war with fellow private equity player Hellman & Friedman after trumping the latter's offer for German online pet supplies retailer Zooplus with a €3.36bn bid. The post Bidding war begins
The $69.6bn-managing Maryland State Retirement & Pension System has revealed about $1.5bn in alternatives fund commitments. The post Maryland state pension reveals $1.5bn of alternatives fund commitments first appeared on AltAssets Private Equity News.
Sun Capital Partners has expanded its partnership with the promotions of a trio of executives. Senior managing director and head of private equity for North America, M Steven Liff, has been named senior partner, while
Global investment giant HarbourVest has hauled in more than $890m for the final close of its debut direct lending fund. The post HarbourVest continues busy fundraising year with $890m-plus close of debut direct lending fund
Clearhaven Partners, a private equity firm launched by a pair of former Riverside senior execs, has scored more than $312m for its debut fundraise. The oversubscribed fund will target lower middle market technology companies with
SME-focused investment house Capza has hit a €200m final close for its debut fund dedicated to growth technology investing, striding past its initial target. The post Capza clears target for debut growth tech fundraise, hits €200m
Apax Partners has hit the $1.75bn hard cap for its second fund dedicated to high-growth tech dealmaking. The post Apax reaches $1.75bn hard cap for second Digital Fund first appeared on AltAssets Private Equity News.
Värde Partners has promoted Shannon Gallagher and Mona Girotra to global co-heads of its business development and investor relations group. The post Värde Partners promotes pair to co-heads of investor relations, business development group first
Housatonic Partners, a growth-oriented private equity firm focused on investing in recurring services companies, has sealed a deal for cloud and digital transformation services business Veridic Solutions. The post Housatonic Partners picks up cloud, digital
Nordic Capital has seen portfolio business Cary Group hit an SEK9.2bn ($1.06bn) market value through a strong IPO on the Nasdaq Stockholm exchange. The post Nordic Capital celebrates hugely oversubscribed Cary Group IPO, company hits
LA-based private equity house Levine Leichtman Capital Partners has made the debut investment from its $1.38bn third lower mid-market fund by picking up In-Place Machining Company. The post Levine Leichtman strikes debut deal for new
Apollo Global has agreed the sale of Italian insurer Amissima Vita to €79bn-managing life insurance group Athora Holding. The post Apollo sells Italian insurer Amissima Vita to €79bn-managing life insurer Athora first appeared on AltAssets
Section Partners, a specialist investor providing financing for stock and option holders of late-stage venture capital-backed companies, has raised $245m across a pair of new funds. The post VC liquidity specialist Section Partners seals huge
Graycliff Partners has tapped its $350m fourth fund to pick up veteran electrical equipment maker Electro-Mechanical Corporation. The post Graycliff taps $350m Fund IV for Electro-Mechanical Corporation buyout first appeared on AltAssets Private Equity News.
A spectacular fundraising year for Commonfund Capital continues after the firm struck a $675m final close for its new secondaries fund. The post Commonfund’s 2021 fundraising streak continues with new $675m secondaries vehicle first appeared
Platinum Equity has scored a quick exit of Singapore electronics manufacturer PCI to trade buyer Celestica for $306m, just a couple of years after picking up the business. The post Platinum seals quick exit of
Enterprise marketplace SaaS platform Mirakl has hit a $3.5bn valuation thanks to a new Series E investment round led by private equity major Silver Lake. The post Mirakl hits $3.5bn valuation thanks to Silver Lake-led
Global investment house Ardian has bought into MidOcean Partners portfolio business Florida Food Products in a deal valuing the business at more than $1bn. The post MidOcean sells Florida Food Products majority stake to Ardian
